China’s global campaign to gain friends and influence politics has flourished in an unlikely spot: Utah, a deeply religious, conservative state that has few visible…
Posts tagged as “China”
Fresh from the Legislative Congress, in which he solidified his vision of China’s governance, Xi turned his attention to how he will build a better…
There was an outcry over the suggestion that Chinese cities should introduce flu lockdowns if they were to have an outbreak. The city of Xian,…
China state-owned daily news program Xinwen Lianbo reported on December 29 that the former Community Party secretary of the City of Fuzhou, Xiao Yi, pleaded…
Chinese Foreign Minister Wang Yi defended his country’s position on Sunday as being non-partisan on Ukraine’s war, and indicated that China will deepen its relations…
The EMP Task Force and National and Homeland Security released a report on China’s ability to launch an Electromagnetic Pulse attack on the United States.…
China’s state-backed blockchain alliances features big cryptocurrency and financial companies. One of the first name brands to join the ‘Blockchain Services Network Alliance’ (BSN) is Huobi China.
Huobi China, which is a part of global bitcoin and crypto exchange conglomerate Huobi Group, revealed its participation at the Blockchain Service Network Partner Conference.
The company’s Chinese-based operations do not include the trading of cryptocurrency. “It is not an exchange. It is a fully compliant legal entity in China doing blockchain education and blockchain solutions for large corporations, solely focused on blockchain technology, said Ciara Sun, chief of staff of Huobi Group.
China’s National Development and Reform Commission (NDRC) has removed crypto mining activities as an unwanted industry from its Industrial Structure Adjustment Guidance Catalog.
China has long been a mining leader in the crypto industry. As a world leader in computer hardware generally, the country was in a unique position to take lead the way when it came to mining bitcoin and other cryptocurrencies. As in most hardware-intensive industries, the lion’s share of cryptocurrency mining hardware comes from China.